Kaushalya Logistics IPO vs Manoj Ceramic IPO

Comparison between Kaushalya Logistics IPO and Manoj Ceramic IPO.

IPO Details

Kaushalya Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE SME.

	Kaushalya Logistics IPO	Manoj Ceramic IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	NSE SME	BSE SME
Lead Managers	Khandwala Securities Ltd.	Swaraj shares & securities Pvt.Ltd.
Registrar	Skyline Financial Services Pvt.Ltd.	Purva Sharegistry (India) Pvt.Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Shreni Shares Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Kaushalya Logistics IPO is up to ₹34.76 Cr whereas the issue size of the Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of Kaushalya Logistics IPO is ₹75.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.

	Kaushalya Logistics IPO	Manoj Ceramic IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹71.00 per share
Issue Price (Upper)	₹75.00 per share
Issue Price (Final)	₹75.00 per share	₹62.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1600 shares	2000 shares
Fresh Issue Size	31,35,200 shares	22,16,000 shares
Fresh Issue Size (Amount)	up to ₹23.51 Cr	up to ₹13.74 Cr
OFS Issue Size	15,00,000 shares	0 shares
OFS Issue Size (Amount)	up to ₹11.25 Cr	up to ₹0.00 Cr
Issue Size Total	46,35,200 shares	22,16,000 shares
Issue Size Total (Amount)	up to ₹34.76 Cr	up to ₹13.74 Cr

IPO Timetable

Kaushalya Logistics IPO opens on Dec 29, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of Kaushalya Logistics IPO and Manoj Ceramic IPO is Jan 03, 2024, and Dec 29, 2023, respectively.

	Kaushalya Logistics IPO	Manoj Ceramic IPO
Anchor Bid Date	Dec 28, 2023
Issue Open	Dec 29, 2023	Dec 27, 2023
Issue Close	Jan 03, 2024	Dec 29, 2023
Basis Of Allotment (Tentative)	Jan 04, 2024	Jan 01, 2024
Initiation of Refunds (Tentative)	Jan 05, 2024	Jan 02, 2024
Credit of Share (Tentative)	Jan 05, 2024	Jan 02, 2024
Listing date (Tentative)	Jan 08, 2024	Jan 03, 2024
Anchor Lockin End date 1	Feb 03, 2024
Anchor Lockin End date 2	Apr 03, 2024

Financials & KPIs

Kaushalya Logistics IPO P/E ratio is 0.16, as compared to Manoj Ceramic IPO P/E ratio of 0.26.

Kaushalya Logistics IPO

Manoj Ceramic IPO

Financials

Kaushalya Logistics Limited Financial Information (Restated Consolidated)

Kaushalya Logistics Limited's revenue increased by 894.14% and profit after tax (PAT) rose by 87.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	16,842.35	14,069.86	6,493.87	3,276.49
Total Income	57,053.16	63,216.41	6,358.92	3,328.40
Profit After Tax	214.65	705.87	376.61	299.69
Net Worth	2,148.29	1,933.64	1,226.62	849.60
Reserves and Surplus	2,133.29	1,918.64	1,211.62	834.60
Total Borrowing	5,488.50	3,213.34	2,476.88	1,070.36
Amount in ₹ Lakhs

Manoj Ceramic Limited Financial Information (Restated)

Manoj Ceramic Limited's revenue increased by 66.54% and profit after tax (PAT) rose by 283.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,491.23	7,787.64	5,866.52	6,074.55
Total Income	4,374.54	7,493.48	4,499.62	3,730.84
Profit After Tax	301.75	362.43	94.50	8.24
Net Worth	1,610.05	1,310.05	947.62	853.11
Reserves and Surplus	760.05	910.05	547.62	453.11
Total Borrowing	5,862.72	5,054.97	3,495.83	3,926.16
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

99.55

Promoter Shareholding (Post-Issue)

72.98

71.67

P/E Ratio

0.16

0.26

Market Cap

₹138.98 Cr.

₹51.67 Cr.

ROE

4713.49%

ROCE

70.48%

Debt/Equity

3.86

EPS

₹470.58

₹241.62

RoNW

36.50%

27.67%

Shares Offered

In the Kaushalya Logistics IPO Retail Individual Investors (RII) are offered 16,22,400 shares while in Manoj Ceramic IPO retail investors are offered 16,22,400 shares. Qualified Institutional Buyers (QIB) are offered 9,82,400 shares in Kaushalya Logistics IPO and in Manoj Ceramic IPO.

	Kaushalya Logistics IPO	Manoj Ceramic IPO
Anchor Investor Reserveration	13,34,400 shares
Market Maker Reserveration	2,44,800 shares	1,18,000 shares
QIB	9,82,400 shares
NII	6,96,000 shares	11,08,000 shares
RII	16,22,400 shares	11,08,000 shares
Employee
Others
Total	46,35,200 shares	22,16,000 shares

Bids Received (Subscription)

Kaushalya Logistics IPO subscribed 390.88x in total, whereas Manoj Ceramic IPO subscribed 9.00x.

	Kaushalya Logistics IPO	Manoj Ceramic IPO
QIB (times)	92.62x
NII (times)	847.88x	7.28x
Big NII (times)
Small NII (times)
RII (times)	375.44x	10.73x
Employee (times)
Other (times)
Total (times)	390.88x	9.00x

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